P/E ratio for Beyond, Inc. (BYON)
P/E ratio as of May 2024 (TTM): -5.70
According to Beyond, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.69638. At the end of 2022 the company had a P/E ratio of -23.6.
P/E ratio history for Beyond, Inc. from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -23.6 | -427.28% |
| 2021 | 7.21 | -81.8% |
| 2020 | 39.6 | -2062.55% |
| 2019 | -2.02 | 2.34% |
| 2018 | -1.97 | -86.81% |
| 2017 | -15.0 | -141.9% |
| 2016 | 35.7 | -69.72% |
| 2015 | 118 | 84.24% |
| 2014 | 64.0 | 673.72% |
| 2013 | 8.27 | -64.24% |
| 2012 | 23.1 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.